Insider Buying: Gear Energy Ltd (GXE) Insider Buys 200,000 Shares of Stock
Gear Energy Ltd (TSE:GXE) insider Don Gray bought 200,000 shares of the stock in a transaction dated Wednesday, September 6th. The shares were purchased at an average cost of C$0.74 per share, for a total transaction of C$148,000.00.
Don Gray also recently made the following trade(s):
- On Friday, August 11th, Don Gray bought 200,000 shares of Gear Energy stock. The shares were purchased at an average cost of C$0.74 per share, for a total transaction of C$148,000.00.
- On Wednesday, June 28th, Don Gray bought 91,000 shares of Gear Energy stock. The shares were purchased at an average cost of C$0.70 per share, for a total transaction of C$63,700.00.
Gear Energy Ltd (TSE:GXE) remained flat at $0.71 during midday trading on Thursday. The stock had a trading volume of 139,000 shares. Gear Energy Ltd has a 12 month low of $0.60 and a 12 month high of $1.25. The firm’s 50 day moving average price is $0.71 and its 200 day moving average price is $0.78. The company’s market cap is $136.96 million.
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About Gear Energy
Gear Energy Ltd. is an exploration and production company with heavy and light oil production in Central Alberta and West Central Saskatchewan. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. The Company’s properties include Paradise Hill, Wildmere Cummings, Wilson Creek and Hoosier.
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